Gap assessment
A prioritised list of recognition, measurement, presentation and disclosure questions.
Accounting policy • judgement • disclosure
IFRS Compliance Services in Dubai
Turn technical requirements into a reporting plan.
Dubai & UAE · Defined scope · Evidence-led reporting
A CLEAR STARTING POINT
What this service does.
IFRS compliance support examines how relevant accounting requirements apply to your transactions and reporting. A&A helps identify gaps, develop documented accounting positions and translate approved decisions into schedules and disclosures.
Use a focused technical review for a new contract, acquisition, financing arrangement or reporting transition. Start with the substance of the transaction and the applicable standard—not a generic disclosure checklist.
A technical advisory review is not certification of universal IFRS compliance. Conclusions depend on complete facts, the applicable framework and management-approved judgements.
DEFINE THE OUTPUT BEFORE THE WORK
What your engagement can include.
These outputs form a starting point for the proposal. The signed scope confirms coverage, reporting format, responsibilities and exclusions.
Position papers
A documented fact pattern, relevant requirements, assumptions and proposed treatment for management review.
Implementation schedule
Data requirements, ledger changes, disclosure inputs and responsibilities for the reporting team.
MAKE THE DISTINCTION
Separate the accounting questions
| Question | Typical evidence | Output |
|---|---|---|
| Recognition | Contract rights and obligations | When an item enters the accounts |
| Measurement | Inputs, estimates and valuation support | How the amount is calculated |
| Presentation & disclosure | Framework and reporting context | How the result is explained to users |
FROM BRIEF TO HANDOVER
How the work moves forward.
- 01
Establish the facts
Collect executed contracts, side agreements and the business explanation of the transaction.
- 02
Assess the requirements
Identify applicable guidance, alternatives and areas requiring estimates or specialist input.
- 03
Model the impact
Prepare proposed calculations and presentation changes with clearly stated assumptions.
- 04
Embed the decision
Record management approval, coordinate with the auditor where relevant and update reporting instructions.
ILLUSTRATIVE SCENARIO · NOT A CLIENT CASE STUDY
Preparing for IFRS 18
- The situation
- A finance team wants to understand how its reporting process should prepare for the new presentation standard.
- The approach
- Confirm the adoption period, inventory affected reporting outputs and identify comparative data and presentation workstreams.
- The useful outcome
- A practical readiness plan separates current reporting work from transition tasks. IFRS 18 applies to annual periods beginning on or after 1 January 2027; early application is permitted.
PREPARE ONCE. AVOID REPEATED REQUESTS.
What to have ready.
The final request list depends on the period, systems and agreed scope. Keep original records and identify the person responsible for explaining each data source.
- 01Current statements, accounting policies and chart of accounts
- 02Executed contracts for the transactions under review
- 03Calculation models and supporting assumptions
- 04Reporting timetable, group instructions and auditor questions
SCOPE, TIMING & RESPONSIBILITY
No surprises at the handover.
Before work begins, agree the recipient, review period, access arrangements and reporting purpose. Fees depend on the complexity and completeness of the records, not simply the name of the service.
A&A’s agreed work
Plan the assignment, document the evidence reviewed, communicate gaps and deliver the outputs in the engagement letter.
Your management team
Provide complete authorised records, explain the business context, approve accounting or operational decisions and own corrective actions.
Specialists and independent sign-off
Where the brief requires a statutory opinion, regulated certification, legal advice or specialist evidence work, confirm the appropriately qualified provider and separate responsibilities before proceeding.
BEFORE YOU COMMISSION THE WORK
Questions worth asking.
Do we need a full IFRS review or one position paper?
If the concern is a single unusual transaction, a bounded position paper may be appropriate. Wider reporting inconsistencies or first-time adoption usually need a broader gap assessment.
Can a disclosure checklist establish compliance?
A checklist helps organise disclosures but does not resolve recognition, measurement or judgement. The underlying transactions and supporting evidence must also be examined.
When does IFRS 18 become effective?
It is effective for annual reporting periods beginning on or after 1 January 2027, with earlier application permitted. Build the transition plan around your actual reporting calendar.
Will the external auditor automatically accept the advice?
No. The auditor independently evaluates the accounting and evidence. Early discussion may identify differences, but management owns the accounting decisions.
What determines the fee and delivery time?
The number of entities, locations, systems, transactions and reporting requirements all affect the scope. We agree a proposal after reviewing the brief and record readiness. A fixed delivery promise cannot be made before that assessment.
How do we begin without sharing confidential records?
Send a high-level description of the requirement, entity type and deadline. Do not include passwords, identity documents or sensitive evidence in the enquiry form. We agree an authorised, secure exchange method before detailed records are shared.
Sources and professional scope
Reference links checked on 14 September 2026. These explain relevant professional frameworks or requirements; they do not establish A&A’s accreditation or certify an engagement’s conformance.
Confirm current requirements for your entity, jurisdiction and intended recipient. This page is a service overview, not a legal opinion or assurance report.
A&A TAX CONSULTANTS · DUBAI & UAE
Start with the question you need answered.
Tell us the service, entity type, reporting period and deadline. We’ll help define the next step and the information needed.
Pricing links open our general packages. Audit-specific fees require an agreed proposal.